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New report locks down the global home security market

New report locks down the global home security market

Home security has become a priority among millions of homeowners. Each year, approximately 2 million homes are burglarized in the United States. By investing in the right security solutions, homeowners can protect themselves, their property and their family from harm.

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Statistics show that 2 million homes are burglarized in the United States each year. While rates of burglary vary depending on the specific region, it's a concern shared by countless homeowners. The good news is that there are ways to protect against home burglary and other forms of criminal mischief, beginning with home security solutions.

A home security solution is any product or service that's designed to protect a home and its occupants from criminal activities, including burglary and vandalism.

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A video surveillance system, for example, is a type of home security product. There are both closed-circuit television (CCTV) and internet protocol (IP) video surveillance systems, both of which are designed to record video of the home and surrounding property.

In addition to video surveillance systems, some homeowners use an alarm system to discourage burglary and criminal mischief. Like video surveillance systems, there are several types of alarm systems. All alarm systems, however, are designed to emit a loud siren or alarm when someone enters the residence without entering the correct PIN.

The Global Home Security Market 2019 by Company, Regions, Type and Application, Forecast to 2024 report by Analytical Research Cognizance is a comprehensive study of the global home security market. By purchasing this report, you'll learn current and future prospective scenarios pertaining to the market. Whether you work in the home security market or use home security products or services, you should consider buying this report. It breaks down the market while revealing statistics and forecast projections in the process.

This report segments the global home security market by several criteria. On the basis of geographic region, the market is segmented into North America, Europe, Asia-Pacific, South America, Middle East and Africa. On the basis of product type, the market is segmented into equipment, electronic lock, video surveillance, fire sprinklers and extinguishers, intruder alarms and services. On the basis of end-user application, the market is segmented into villa, apartment and other.

Finally, the report segments the global home security market by vendor, covering key vendors like Honeywell, ADT, Securitas, Panasonic, Samsung, Vivint, LifeShield and Scout Alarm. Each segment is thoroughly scrutinized to provide an in-depth look at the global home security market and where it's headed.

As rates of home burglary continue to rise, more and more homeowners are expected to invest in security solutions for their home. For investors and companies with a professional stake in the market, this signals strong growth.

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